Category Archives:
Brazil traders hold bets on August interest rate cut despite doubts
BRASILIA (Reuters) - Brazilian financial markets on Thursday showed many traders still betting the central bank will kick off a cycle of interest rate cuts in August, even as some economists ruled out...
Jun 22, 2023
After jobs warning, Germany’s Axel Springer says AI can liberate journalists
BERLIN (Reuters) - A senior executive at German media giant Axel Springer on Thursday said artificial intelligence would free journalists to devote more time to core reporting, days after an internal ...
Jun 22, 2023
New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) - The first Paris Airshow in four years has clocked up billions of dollars in commercial jet orders and offered som...
Jun 22, 2023
US-based generative AI job postings up 20% in May- data
By Chavi Mehta (Reuters) - Generative AI-related job postings in the United States jumped about 20% last month as companies look to harness a technology that has been widely touted as the next big gro...
Jun 22, 2023
Global watchdog seeks action on ‘too little, too late’ corporate goodwill writedown
By Huw Jones LONDON (Reuters) - Tougher accounting rules may be needed that force companies to write down goodwill faster and stop "overly optimistic" calculations, a global securities watchdog said o...
Jun 22, 2023
VW investors question how Xinjiang plant audit will be run
By Victoria Waldersee BERLIN (Reuters) - While investors welcomed Volkswagen's decision to audit its jointly-owned plant in Xinjiang, China, some are questioning how it will be run and whether it is e...
Jun 22, 2023
Fed’s Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely need for further interest rate increases despite the possible impact ...
Jun 22, 2023
Russia tells Amazon Web Services to set up local representation or face restrictions
(Reuters) - Russia's state communications regulator Roskomnadzor has added Amazon Web Services and 11 other foreign technology companies to a widened list of firms it wants to open local offices or fa...
Jun 22, 2023
JPMorgan Chase is fined by SEC over mistaken deletion of emails
NEW YORK (Reuters) - JPMorgan Chase has been fined $4 million by the U.S. Securities and Exchange Commission for mistakenly deleting about 47 million emails belonging to its retail banking group. The ...
Jun 22, 2023
Amazon’s iRobot deal faces EU antitrust investigation, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon's $1.7 billion acquisition of robot vacuum cleaner maker iRobot faces a full-scale EU antitrust investigation, people familiar with the matter said, weeks af...
Jun 22, 2023
Peoria, IL, USA
42 °F Partly cloudy
